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Russian Railways May Be Forced to Cut Spending
7.08.2013 16:53
Russian Railways May Be Forced to Cut Spending

Russian Railways, the national rail monopoly, would be forced to cut spending by two percent annually over thr next five yeas as revealed in the new draft of the rail tariffs directive.

      The amended version has been put forward by the Federal Tariffs Service, with a strong focus on controlling power and fuel expenditures.

      It's now up to the Ministry for Economic Development to review the amendments and approve them or not. 

Author: Mikhail Vesely

Tags: Russian Railways     

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